We advised SGI Japan
SGI Japan Ltd., Tokyo, Japan
SGI Japan Ltd. was founded in 1987 as a subsidiary of Silicon Graphics, Inc. which revolutionized the Hollywood film industry. Since then, SGI-J has developed highly advanced solutions in the field of computer graphics and high-performance computing technologies as a world-leading, innovative company.
DAVID Systems has been developing software products and technology for the broadcast market since 1991, with a focus on radio, TV, and associated Internet services. DAVID stands for Digital Audio & Video Integration & Development. The broad product portfolio represents all fields in a typical broadcast workflow from multimedia production to data ex-change and file transfer through to play-out and broadcast process control.
SGI Japan Ltd., Tokyo, Japan, has sold its international IT broadcast operations headquartered in Germany to the DAVID management and a private investor as part of its strategy to further strengthen its core business of high performance computing.
HSCie advised on the valuation and conducted the negotiations.
Transaction value: Not published
Business field: Mergers & Acquisitions